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i like jack. i'm fond of the guy obviously. jack welch raised the question. it was his business instinct the and attitude towards this president, that came together at 8:35 and tweeted out this unbelievable jobs numbers, these chicago guys will do anything. can't debate so they change the numbers. i'll go back to what i just heard ezra klein say a few minutes ago out here in the room, that a 0.3% shift in the unemployment rate is not wild. it's conceivable. your thoughts? >> that's absolutely true. i mean, what i just heard from jack welch was about with respect, i guess was about ten minutes of absolute nonsense with no grounding in what the bureau of labor statistics actually does. he's absolutely right, that a very large jobs number in the household survey is an outlier, it's unusual. these things happen. that number has a large margin of error around it. the bureau of labor statistics are very public about that. >> these are nonpoliticians, absolute bureaucratic government surveys is. >> that's the point. it wasn't that jack welch was raising a question o
i like jack. i'm fond of the guy obviously. jack welch raised the question. it was his business instinct the and attitude towards this president, that came together at 8:35 and tweeted out this unbelievable jobs numbers, these chicago guys will do anything. can't debate so they change the numbers. i'll go back to what i just heard ezra klein say a few minutes ago out here in the room, that a 0.3% shift in the unemployment rate is not wild. it's conceivable. your thoughts? >> that's...
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jack welch does not believe the boys in chicago changed the numbers? >> no, jack welch is raising the question for some good analyst to go look at. >> okay. good. you're raising the question. you certainly did that. jack welch, thank you for joining us at the very top of "hardball" tonight. >> thank you. >> with me not to fight with jack but to have a different point of view a jared bernstein, former chief economist and economic adviser to vice president biden. you heard that discussion. i like jack. i'm fond of the guy. jack welch has raised the question but it was obviously his business instinct and his it's a tud i think towards this president that came together at 8:35 and he tweeted out this unbelieve jobs numbers. these chicago guys will do anything. can't debate so they change the numbers. i'll do back to what i haerz ezra klein say in the room that a 0.3 of 1% shift in the unemployment rate is not wild. it's very conceivable. your thoughts. >> that's absolutely true. i mean, what i just heard from jack welch was about with respect i guess was a
jack welch does not believe the boys in chicago changed the numbers? >> no, jack welch is raising the question for some good analyst to go look at. >> okay. good. you're raising the question. you certainly did that. jack welch, thank you for joining us at the very top of "hardball" tonight. >> thank you. >> with me not to fight with jack but to have a different point of view a jared bernstein, former chief economist and economic adviser to vice president biden....
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follow jack welch at jack underscore welch. i'll be tweeting tonight. >>> up next, mitt romney now says his remarks on the 47% were in his words, totally wrong. why did he spend the last two weeks defending them and his surrogates did? keeping them honest on that. and looking to appear more moderate on a whole range of issues. we'll be right back. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. that make kids happy. and even fewer that make moms happy too. with wholesome noodles and bite sized chicken, nothing brings you together like chicken noodle soup from campbell's. it's amazing what soup can do. like chicken noodle soup from campbell's. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, b
follow jack welch at jack underscore welch. i'll be tweeting tonight. >>> up next, mitt romney now says his remarks on the 47% were in his words, totally wrong. why did he spend the last two weeks defending them and his surrogates did? keeping them honest on that. and looking to appear more moderate on a whole range of issues. we'll be right back. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of...
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here's what jack welch, former ceo of g.e. was talking about when he talked about the tweet that questioned the veracity of the 7.8% jobs number. he was on "hardball" chris matthews. >> do you mean it's a coincidence or you have evidence there was corruption? >> i have no evidence of corruption. none whatsoever. >> so these chicago guys had nothing to do with the numbers? >> i don't know that. >> why did you say that? these chicago guys will do anything to change the numbers. you just said it in your tweet. >> i want to raise the question of these numbers. >> you do raise the question. >> because these numbers defy logic. they defy logic. >> so susan, more people from your party have latched onto this concept. is it embarrassing? is it true? is it ridiculous? >> it's shocking. when i first saw that tweet i thought he was kidding around. then to see him double down on chris matthews was frankly surprising. and i don't think many serious people take that statement seriously. that being said, it's amazing how much flack he's gett
here's what jack welch, former ceo of g.e. was talking about when he talked about the tweet that questioned the veracity of the 7.8% jobs number. he was on "hardball" chris matthews. >> do you mean it's a coincidence or you have evidence there was corruption? >> i have no evidence of corruption. none whatsoever. >> so these chicago guys had nothing to do with the numbers? >> i don't know that. >> why did you say that? these chicago guys will do anything...
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you have jack welch, what else is cooking? >> 7.8% unemployment. is this magic number of president obama for real or was it cooked? good evening, i'm larry kudlow. this is "the kudlow report." team obama doing a victory lap, rejoicing over the 7.8% victory lap. my guest, jack welch, is questioning whether the numbers were cooked to help president obama. mr. welch will respond live and talk to me in a moment. this whole thing comes as the romney roll continues. scott rasmussen has three polls showing a dead heat in battle ground states, hai, virginia, florida. even the liberal magazine "the new yorker" sees it on their front cover, mitt romney pulling a clint eastwood, debating an empty chair. first up, it was the tweet that was heard around the world. my good friend jack welch set off a social media firestorm. take a look at his tweet. "unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers, end quote. he's chase by accusing the white house of skewing the data to help president obama. earlier on cnbc, u.s. la
you have jack welch, what else is cooking? >> 7.8% unemployment. is this magic number of president obama for real or was it cooked? good evening, i'm larry kudlow. this is "the kudlow report." team obama doing a victory lap, rejoicing over the 7.8% victory lap. my guest, jack welch, is questioning whether the numbers were cooked to help president obama. mr. welch will respond live and talk to me in a moment. this whole thing comes as the romney roll continues. scott rasmussen...
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jarek jarek -- jack welch accusing the white house of manipulating this month's jobs data so it would look better for the president. always up for a good conspiracy theory republican congressman alan west of florida concurred and wrote, quote, in regards to today's jobs report i agree with former ge ceo jack welch. chicago style politics is at work here. from there it was sort of off to the races. republican congressman paul brown of georgia, quote, september jobs report raises questions. quote, i don't think bls cooked numbers. i think a bunch of dems lied about getting jobs. that would have the same effect. that was from a senior writer at something called the washington examiner, a conservative thing online. eric bolling who is at fox news, he wrote, wow. obama labor department smarter than all 25 of america's top economists. or something far more inside ous. i don't know. then there was this from conservative talk radio host laura ingram. quote, jobs numbers from labor secretary hilda solis are total pro obama propaganda. just looking on twitter you could see the ground swell on t
jarek jarek -- jack welch accusing the white house of manipulating this month's jobs data so it would look better for the president. always up for a good conspiracy theory republican congressman alan west of florida concurred and wrote, quote, in regards to today's jobs report i agree with former ge ceo jack welch. chicago style politics is at work here. from there it was sort of off to the races. republican congressman paul brown of georgia, quote, september jobs report raises questions....
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you have jack welch who euned to own nbc, the majority owner. he said this is unbelievable. the chicago guys will do anything to change the numbers. let's take a look at welch mareking his roumts and some at fox news picking up on the idea that they can't be trusted. >> look. i don't know what the right number is, but i'll tell you these numbers don't smell right when you think about where the economy is right now. >> there is widespread mistrust because there are contradictions. >> some report there are numbers that will come out on the eve of the election. >> you know, these are volatile figures and sometimes have to be revised. but to go and charge that the administration had manipulated this for political gain, don't you need some evidence for that? >> think it's unfortunate that jack welch who has this storied business career now appears to be stark raving mad in the donald trump category and i think this reaction is what it should have been even from a lot of people on the right and said, now, come on, you can argue about certain things but if they wanted to cook the b
you have jack welch who euned to own nbc, the majority owner. he said this is unbelievable. the chicago guys will do anything to change the numbers. let's take a look at welch mareking his roumts and some at fox news picking up on the idea that they can't be trusted. >> look. i don't know what the right number is, but i'll tell you these numbers don't smell right when you think about where the economy is right now. >> there is widespread mistrust because there are contradictions....
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want to talk about the jack welch. do we have that confirmed? i don't know that we do. jack welch may have resigned -- >> we don't have it confirmed. >> this is how we do things on fx. >> tweet about it right. >> i read the story. a story in fortune that says jack welch has resigned from his columnist job at fortune and reuters in the wake of the conspira his conspiracy tweet. >> it appears that he -- appears he was miffed about the fact that those publications wrote stories critical of what he had said. >> i wrote a critical story. sister publication. >> just for the record was totally insane. >> totally insane conspiracy theory, one of many floating out there. the repercussions -- >> also in the same piece asked to see obama's birth certificate. >> yes. >> i think his college records he's looking for now. >> how will jack welch pay the represent now? >> we're all worried. >> i'm sure you'll be taking up jobbers and birthers in your -- >> just become 47%. >> i am open to take that job if they need someone. >> thank you to my panel, john, rana, kamal and david's ebook,
want to talk about the jack welch. do we have that confirmed? i don't know that we do. jack welch may have resigned -- >> we don't have it confirmed. >> this is how we do things on fx. >> tweet about it right. >> i read the story. a story in fortune that says jack welch has resigned from his columnist job at fortune and reuters in the wake of the conspira his conspiracy tweet. >> it appears that he -- appears he was miffed about the fact that those publications...
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i'm friend with jack welch and i tweeted him back. i said, jack, i love you, but on this one you've just flat out lost your mind. there's an ironclad firewall with criminal penalties for anybody at the bls to have any kind of political interference or to release any of the numbers early. it's totally impossible to do that. you've seen all the reputable republicans that have worked with the bureau of labor statistics in the past, past cea chairs come out and say, look, come on, you've got to be kidding on this thing. i kind of think they were kidding. i hope they were kidding. i mean, there's absolutely no evidence of political changing the numbers. and if somebody were changing the numbers, why would you make the numbers last month worse than expected? why would you make the payroll numbers at 114,000, not especially impressive. it just doesn't make any sense. >> all right. austan, thanks very much for coming in. >> great to see you again mpkts a check of the top stories and then something that would change the headlines about the oba
i'm friend with jack welch and i tweeted him back. i said, jack, i love you, but on this one you've just flat out lost your mind. there's an ironclad firewall with criminal penalties for anybody at the bls to have any kind of political interference or to release any of the numbers early. it's totally impossible to do that. you've seen all the reputable republicans that have worked with the bureau of labor statistics in the past, past cea chairs come out and say, look, come on, you've got to be...
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jack welch, the former ceo of general electric as you just mentioned on squawk out on twitter today. he's been obviously critical of the white house for years now, but he says unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. that's the former head of a very large company. >> i'm on tv, and i remember jack sent me a fax when i was first on with mark haynes. i like you. i love jack. i'm trying to reconcile jack with the numbers because i trust jack and think he's terrific. i come back and say listen, they've been wrong -- he's jack. i don't think that they're phony. it doesn't make me feel that jack is off the reservation so much that i think that this particular issue -- i disagree with him. i read the tweet and i was, darn, jack, come on, man. >> let's say good is good. >> does this mark the turning point and we had david come out this morning where he was establishing 1575 and that's quite an upside for 2013 particularly if he's standing by a year-
jack welch, the former ceo of general electric as you just mentioned on squawk out on twitter today. he's been obviously critical of the white house for years now, but he says unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. that's the former head of a very large company. >> i'm on tv, and i remember jack sent me a fax when i was first on with mark haynes. i like you. i love jack. i'm trying to reconcile jack with the numbers because i trust...
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you are jack welch. >> more of that heated exchange next. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. inspiration. great power. iconic design. exhilarating performance. [ race announcer ] audi once again has created le mans history! [ male announcer ] and once in a great while... all of the above. take your seat in the incomparable audi a8. the highest-ranked vehicle appeal among large premium cars by j.d. power and associates. ♪ ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> friday's jobs report was good news, both for americans and for president barack obama's re-election effort, but some people like former general electric ceo jack welch hint
you are jack welch. >> more of that heated exchange next. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. inspiration. great power. iconic design. exhilarating performance. [ race announcer ] audi once again has created le mans...
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we're going the talk to jack welch live about it when he joins me at the top of the hour. also, tonight, how one woman's alleged lie working in a crime lab in massachusetts is calling into question, get this. 34,000 criminal cases. 34,000. people already being released from jail because of this woman's suspected fraud. it is an unbelievable story. all that and a lot more you need to know about the meningitis outbreak, two different scares. >> sounds like a great show. i hope everybody stays tuned. our fifth story "outfront", gunk. american airlines now says messy passengers are to blame for seats that came loose an at least three recent flights. the airline claims spilled soda and coffee gunked up a seat locking mechanism over time. the incidents forced the airline to take 48 boeing 757 jets out of commission for repairs. what's behind this explanation and does it all add up? william mcghee is the author of attention all passenger, the airline's dangerous decent and how to reclaim our skies. do you buy this? >> no. i think most people feel that the gunk is bunk. >> that al
we're going the talk to jack welch live about it when he joins me at the top of the hour. also, tonight, how one woman's alleged lie working in a crime lab in massachusetts is calling into question, get this. 34,000 criminal cases. 34,000. people already being released from jail because of this woman's suspected fraud. it is an unbelievable story. all that and a lot more you need to know about the meningitis outbreak, two different scares. >> sounds like a great show. i hope everybody...
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now as far as jack welch is concerned, you're all sitting around talking about jack welch, a great legend in business, a very smart guy, he's 100% correct, 100% correct. >> wait a second, in terms of the chicago political guys manipulating the numbers? >> how does it go down to 7? there wasn't an economist in the country and after the election they'll do a big correction but jack welch has it right, there's no question 100% and a lot of the numbers that they're using are given by the obama administration. >> i know ken has a question for you, but my only thought on this whole thing is, i don't know that i buy that 7.8% number. i don't think that's real. i don't know that it was politics necessarily. >> nobody buys it. >> he's saying it's the numbers given to the bls by the obama administration. there's a lot of assumptions. obama care, the cbo, you can't impugn the cbo for coming up with $1 trillion for obama care. it was the numbers they got, double counting taxes, all of these bells and whistles in obama care to get it to work out. >> right. >> hold on. for the past year one of the talk
now as far as jack welch is concerned, you're all sitting around talking about jack welch, a great legend in business, a very smart guy, he's 100% correct, 100% correct. >> wait a second, in terms of the chicago political guys manipulating the numbers? >> how does it go down to 7? there wasn't an economist in the country and after the election they'll do a big correction but jack welch has it right, there's no question 100% and a lot of the numbers that they're using are given by...
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et cetera talk about jack welch still stirring the pot on this. almost all bona fide economists, many who have advised both, you know, presidents of both parties have said there was a statistically anomaly showing the unemployment rate fell but only 114,000 jobs were created and anomalies after when you look at a long series of data. jack welch, the 7.8% unemployment figure released by the bureau of labor statistics last week is down right implausible. this is a tweet, unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. >> let's be clear. when people were really most upset about is jack welch directly saying that somehow the obama campaign twisted the numbers. >> right. and, look, you can talk about how debt are collected, you can talk about statistically anomalies, about the fact that the recovery has been subpar. that's what jack welch is saying he's right about, the recovery has been supposed par. everyone was having that real conversation. but to say that someone directly changed the numbers because
et cetera talk about jack welch still stirring the pot on this. almost all bona fide economists, many who have advised both, you know, presidents of both parties have said there was a statistically anomaly showing the unemployment rate fell but only 114,000 jobs were created and anomalies after when you look at a long series of data. jack welch, the 7.8% unemployment figure released by the bureau of labor statistics last week is down right implausible. this is a tweet, unbelievable jobs...
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jack welch, the former chairman of ge said unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. steve forbes follows up and says welch is right. does governor romney put any stock in those theories and have any suspicions at all about the bls numbers? >> george, the numbers themselves are very damning. when you look at it, we had fewer jobs created in september than were created in august, fewer jobs created in august than were created in july. our unemployment rate has come down because for -- since president obama took office for every new job created more than six workers have left the labor force. if labor force participation was what it was when the president took office, unemployment would be around 10.7%. these jobs that were added in september were largely part-time jobs. so we still have 23 million american, that number has not changed at all, would are either unemployed or out of work entirely or are underemployed working or out of the workforce entirely or underemployed working part time instead of f
jack welch, the former chairman of ge said unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. steve forbes follows up and says welch is right. does governor romney put any stock in those theories and have any suspicions at all about the bls numbers? >> george, the numbers themselves are very damning. when you look at it, we had fewer jobs created in september than were created in august, fewer jobs created in august than were created in july....
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. >>> jack welch, the former head of general electric, will no longer contribute to reuters news and fortune magazine. welch's decision comes in the wake of controversy sparked by a tweet he sent last week suggesting the white house manipulated job numbers for political gain. >>> a doggy daycare outside of chicago has stepped in it with the nation's coffee chain. starbucks is asking star barks to change it name and its logo so that customers aren't confused. >>> and could these shoes be coming to a shoe store near you some us ladies hope not. the so-called scary beautiful heels are backwards so it makes the feet point straight down like a ballerina. the designer says the shoes are a commentary on today's impossible standards of beauty. and apparently impossible to walk in. >>> san francisco stays alive, a bountygate update, and the space jump will have to wait. plus the athletics steal game three from the tigers. that's all coming up in sports. you're watching "first look" on msnbc. yeah. yeah. then how'd i get this... [ voice of dennis ] ...allstate safe driving bonus check? what is
. >>> jack welch, the former head of general electric, will no longer contribute to reuters news and fortune magazine. welch's decision comes in the wake of controversy sparked by a tweet he sent last week suggesting the white house manipulated job numbers for political gain. >>> a doggy daycare outside of chicago has stepped in it with the nation's coffee chain. starbucks is asking star barks to change it name and its logo so that customers aren't confused. >>> and...
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former general electric ceo jack welch had fun this morning. he tweeted this. he couldn't believe it. unbelievable job numbers. these chicago guys will do anything. can't debate so they change the numbers. welch went on fox news and claimed he wasn't making accusations about the administration. he's just raising the question. >> it's just ironic that these assumptions all came this way the month before the election. you draw your own conclusions. >> welch received a different reception when he tried to peddle his theory to my colleague chris matthews on this network. >> i have no evidence to prove that. i just raised the question. >> no you didn't. you said these chicago guys will do anything. >> yeah. >> so they changed the numbers. do you want to take this back? >> no i don't want to take it back. >> there is a serious assertion there was corruption here, infiltration or getting to -- it's not funny, jack. you're talking about the president of the united states playing with the bureau of statistics numbers. this is nixon stuff. do you want to take back the ch
former general electric ceo jack welch had fun this morning. he tweeted this. he couldn't believe it. unbelievable job numbers. these chicago guys will do anything. can't debate so they change the numbers. welch went on fox news and claimed he wasn't making accusations about the administration. he's just raising the question. >> it's just ironic that these assumptions all came this way the month before the election. you draw your own conclusions. >> welch received a different...
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some called it an anomaly and former ceo jack welch says these chicago guys will do anything, can't debate so change numbers. >> and who is participating, who's not working and who's tried to work, but dropped out. all of these things. it just raises the question, and i think there ought to be a good discussion how this number is calculated. >> labor secretary hilda so least angrily denied the unemployment figure was fudged calling the allegation offensive and republican challenger mitt romney said of the jobs number, this is not what a real recovery looks like. and romney was also campaigning in virginia, running mate paul ryan said of the number of jobs created said we shouldn't have to settle for this new normal. reprizing one of the convention themes that americans deserve better than mr. obama has delivered. critics seized on another line in mr. obama's virginia speech in which he denied believing in an entitlement society which he doesn't believe people are entitled to succeed. aides suggest the opposite. >> we don't believe that anybody is ensilenttitled to sus in this country. we b
some called it an anomaly and former ceo jack welch says these chicago guys will do anything, can't debate so change numbers. >> and who is participating, who's not working and who's tried to work, but dropped out. all of these things. it just raises the question, and i think there ought to be a good discussion how this number is calculated. >> labor secretary hilda so least angrily denied the unemployment figure was fudged calling the allegation offensive and republican challenger...
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howard, jack welch was here friday, he did all right. >> i would say it doesn't feel -- i get what the mayor is saying, but it doesn't quite feel like the chorus you're talking about for some reason. speaking of surrogates, what about the entertainment people? they love barack obama. get out of l.a. and get on the road. >> go to your hometown and tell people what you think. never talk out of l.a., never talk out of new york. i say this to every celebrity i know, go home where you came from, talk to the people you grew up with. >> all advice appreciated. we're moving on to win on election day on november 6th. >> it's free. anyway, coming up -- thank you, mr. mayor. coming up, mitt romney attacks president obama on foreign policy saying if he were president, he would heat up and prolong every war front in the world, iraq, afghanistan, syria. more war, continuous war, new wars. that's the romney plan. >>> also, joe the first responder. he's taken guff for his gaffes and been lampooned on "snl" but surprise, surprise, vice president joe biden is the guy who democrats are counting on this w
howard, jack welch was here friday, he did all right. >> i would say it doesn't feel -- i get what the mayor is saying, but it doesn't quite feel like the chorus you're talking about for some reason. speaking of surrogates, what about the entertainment people? they love barack obama. get out of l.a. and get on the road. >> go to your hometown and tell people what you think. never talk out of l.a., never talk out of new york. i say this to every celebrity i know, go home where you...
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>> forget what jack welch said. i'm talking about people who are trying to say that perhaps people have given up. and if you look into the numbers of the bureau of labor and statistics put out, the number of people who are discouraged and have given up has gone down in the past year by 235,000. and in the past four years, by over 400,000. that number is being skewed out there by those who want to say that the job numbers aren't what they appear to be. long-term unemployment is still very, very high, but those people are still looking. >> the u-6 number for those cognizant. >> coming up -- >> you're right. republicans are in the dumps. you're right. >> no, they're trying to pretend the numbers that they depend on when they're good in their camp. >> you can't have it all. >> are skewed. >> i don't know. if it continues this way, i think republicans can have it all. >> they're not. not going to have it all. >> coming up -- i'm so excited for what's happening later in the show. we're going to talk to chicago mayor rahm
>> forget what jack welch said. i'm talking about people who are trying to say that perhaps people have given up. and if you look into the numbers of the bureau of labor and statistics put out, the number of people who are discouraged and have given up has gone down in the past year by 235,000. and in the past four years, by over 400,000. that number is being skewed out there by those who want to say that the job numbers aren't what they appear to be. long-term unemployment is still very,...
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even jack welch, his stock is at 23. when we started this whole thing, it was 9 bucks. his shareholders aren't complaining about what the president's done. he has a tremendous amount of things he can call upon and talk about that he's done right. he refuses to talk about any of them. i wonder why. >> yes. >> i think the president really needed to push back on this idea, that there isn't a role for the government to play in the economy. even the idea that government can't create jobs. we have lost 656,000 public sector jobs since the recession began. the government could have saved those jobs. not only that, obama has a plan right now that moody's said would create 2 million more jobs. it would lower the unemployment rate by 1% if we saved those public sector jobs and passed another job bill, the unemployment rate would be 6% right now. >> right. >> it's not a fantasy. we know what would work and it's being blocked because number one the president and his team were afraid to talk about it between the span when the stimulus passed before he introduced his jobs bill in sep
even jack welch, his stock is at 23. when we started this whole thing, it was 9 bucks. his shareholders aren't complaining about what the president's done. he has a tremendous amount of things he can call upon and talk about that he's done right. he refuses to talk about any of them. i wonder why. >> yes. >> i think the president really needed to push back on this idea, that there isn't a role for the government to play in the economy. even the idea that government can't create...
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Oct 10, 2012
10/12
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jack welch questioning the jobs report last friday. today he is using a few more than 140 characters to explain. we're going to talk about his op ed. at 8:00 a.m., jack will be calling into the show to talk about things. all of that coming up. on the lighter side of things, we'll be talking sports. in baseball, the playoffs last night. the a's beating the tigers 2-0. detroit now leads the series 2-1. the reds lost 2-1, but cincinnati still leads the series two games to one. we'll have more in squawk sports at 6:20 eastern. that's a good one i was watching. the next hour, we'll talk about golf. rhys jones is our guest host. he designs courses. andrew, good morning. >> thank you, becky. let's talk about earnings, starting with alco waalcoa. stronger demand for aluminum products, from airplanes and automobile producers. this offset weak aluminum prices and worries about china's slumping economy and that's probably the bigger and more important piece of all of this. the ceo cautioning that the company's noticed a slight slowdown in some re
jack welch questioning the jobs report last friday. today he is using a few more than 140 characters to explain. we're going to talk about his op ed. at 8:00 a.m., jack will be calling into the show to talk about things. all of that coming up. on the lighter side of things, we'll be talking sports. in baseball, the playoffs last night. the a's beating the tigers 2-0. detroit now leads the series 2-1. the reds lost 2-1, but cincinnati still leads the series two games to one. we'll have more in...
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Oct 5, 2012
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jack welch. he'll tell me why in a moment. despite the rally since 2009, investors have yanked hundreds of billions of dollars out of the market. is there a lost generation of investors? can they come back in.
jack welch. he'll tell me why in a moment. despite the rally since 2009, investors have yanked hundreds of billions of dollars out of the market. is there a lost generation of investors? can they come back in.
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Oct 5, 2012
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chairman jack welch was accusing the administration of cooking the books. he says he has no evidence of that but here is what he told fox news channel earlier. >> look, i don't know what the right number is, but i will tell you these numbers don't smell right when you think about where the economy is right now. >> harris: that's what he had to say. what about the white house? what's the response? >> the white house has no input in the jobless numbers. in fact, they didn't get the figures early. the labor department people who conduct the surveys are professionals, not political appointees. secretary says she is offended that people would suggest her department would fudge the figures. >> you know, i'm insulted when i hear that because we have a very professional, civil service organization where you have top, stop economists that work at the bls. they have been doing these calculations. >> she says it really shouldn't be surprising that after strong upward revisions of the job creation in july and august that we would see a sharp decline in the jobless rate
chairman jack welch was accusing the administration of cooking the books. he says he has no evidence of that but here is what he told fox news channel earlier. >> look, i don't know what the right number is, but i will tell you these numbers don't smell right when you think about where the economy is right now. >> harris: that's what he had to say. what about the white house? what's the response? >> the white house has no input in the jobless numbers. in fact, they didn't get...